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A Shout-Out to the Early Reddit Avatar Enthusiasts!

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by COINS NEWS 64 Views

I just want to say "thank you" to the early posters who pointed out the Reddit Avatar NFTs in late summer and early fall. You glorious bastards endured the wrath of this sub's anti-NFT sentiment, and that first collection took months to sell out.

I caught a glimpse of a post here back in August that pointed out that each Reddit Avatar had a limited number of mints: some had 1,000 but others only had 100. I hadn't realized that when they launched back in July. I just figured you could pay for an avatar, and who the hell would pay for one when you could make so many good ones for free?

Well, that post made me think of first edition Pokemon cards. They were on the market for a short while, gone forever, and twenty five years later have been in huge demand. Granted, Pokemon had games, a show, movies, and the might of Nintendo. So, that's not a perfect comparison.

Regardless, I got that feeling, and I picked up a few of the early drops. And now I look at the charts, deep in a bear market, and see that many of the original "limited to 100" avatars have been holding their value, many at over 1 ETH, with the top 3 between 2 and 8 ETH most days.

Can't wait to see what's next for the Reddit Collectable Avatars, especially since the Spooky Season collection was completely sold out within 24 hours of launch.

Thanks to the OGs here on this sub who braved the downvotes! I'm bullish on the future of these early pieces. After all, Reddit is full of nerds with collector tendencies.

submitted by /u/SenseiRaheem
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